| 1 |
Author(s):
A. D. Amar .
Page No : 1-11
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THE MIND WORKERS AND HOW TO MANAGE THEM
Abstract
This paper covers how the content of knowledge work has evolved during the last six decades,
resulting in an increase in the role of psyche in its execution, and then combines it with the
contextual changes in all types of work that have been brought about by the work-from-home
modality due to the COVID-19 pandemic, as this work is also motivated by the mind of the
operator—introducing the term mind workers. Observing the importance of autonomy in the
performance of both these job categories that cover almost all organizational work, in this paper,
This paper covers the role of manager in improving the work performance though better
management. Finally, the directions for further research in this area are also provided.
| 2 |
Author(s):
Amit Kumar Singh, Sheetal Maurya.
Page No : 12-27
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ANALYSIS OF HISTORICAL TREND AND DETERMINANTS OF ESG INDEX PERFORMANCE IN INDIA
Abstract
The present study examines the historical growth rate in the ESG index and the determinants
affecting the performance for the period April 2011 to December 2021. Based on the results of
historical trend analysis the present study reports that there is a statistically significant and
positive growth trend in the Nifty 100 ESG index over the study period. In long run, investment
based on ESG parameters adds to the investor's wealth. Also, return on the ESG index and market
index are highly positively correlatedand the return on the ESG index is positive during the period
of high market volatility and rising fear in the market. The study reports a statistically significant
negative impact of broad market valuation on ESG index return. ESG index tends to perform better
during the economic and financial crisis as these are viewed as safer investments. Further, this
paper emphasizes the need for a reform that gives equal weightage to all aspects of ESG in the
disclosure norms with special attention to the social factors which is the most neglected factor.
| 3 |
Author(s):
Bunny Singh Bhatia.
Page No : 28-42
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BOARD COMPOSITION, CEO DUALITY AND DIVIDEND POLICY: A TOBIT/PROBIT MODEL APPROACH
Abstract
Using a sample of big Indian firms, this research examines the influence of corporate governance
factors such as board independence, board size, and CEO duality on the likelihood of paying
dividends. Other financial parameters like tax shield, liquidity, profitability, size, leverage and
investment opportunities are considered as control variables. The research examined BSE 500
listed companies from 2009 to 2018 using the Tobit and Probit regression techniques. The data
employed in this study is collected from Bloomberg database. The study found that board
independence has a considerable positive impact on the decision to pay dividends, which is a key
factor in the payout decision. The dividend payout of Indian companies is also positively related
to the CEO duality. Profitability and leverage are two financial variables that have a significant
impact on dividend distributions. This study is one of the first to highlight the impact of three CG
criteria, such as CEO duality, board size, and board independence, on the probability of payout
across big Indian businesses, using Tobit and Probit regression models.
| 4 |
Author(s):
Alka Pandey, Saurabh Kumar, O.P. Gupta.
Page No : 43-59
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EMPIRICAL EVIDENCE OF BOARD COMPOSITION AND CEO-DUALITY WITH FINANCIAL PERFORMANCE OF SELECT INDIAN BANKS
Abstract
Corporate governance is a combination of various practices, mechanisms, and processes with the
help of which management and control of any organization can be executed. Banks are the key
financial institutions in Indian financial system and play a vital role in the channelization of funds
from the depositors to the borrowers. With changing scenario, and witnessing several scams,
corporate governance gained popularity in this sector also. Corporate governance creates an
environment of trust and transparency so that the interest of all the stakeholders can be preserved.
The main objective of this study is to analyze the impact of Board Composition and CEO Duality
on the financial performance of the select banks in India. The 4 selected banks are SBI, PNB;
ICICI & HDFC studied over period of 11 years i.e. 2011 to 2021. It was found in this research
that the Board Composition and Financial performance of select banks are insignificant to each
other while the CEO Duality has a significant and positive relationship on financial performance.
| 5 |
Author(s):
Neelam Jhawar, Shweta Jain.
Page No : 60-96
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CSR INITIATIVES DURING COVID-19: A STUDY OF TOP 100 INDIAN LISTED COMPANIES
Abstract
The paper aims to demonstrate the philanthropic initiatives of the select Indian companies during
COVID-19 to protect and support their three important stakeholders: employees, community, and
customers. The study is based on a systematic literature review (SLR) focusing on literature
available on CSR initiatives undertaken worldwide during COVID-19 provided in Scopus and the
Web of Science databases. Further, manual content analysis has been conducted to examine the
CSR initiatives of the S&P BSE 100 companies. Results showcase that despite a distressing
business situation with complete uncertainty, the sample companies have proactively engaged in
CSR initiatives to support their stakeholders (employees, community, and customers) through a
slew of measures such as remote and on-site working arrangements, support for basic necessities
and health-care, maintenance of steady operations, and so on. This study is one of the very few
studies that addresses the CSR initiatives taken by the top 100 listed companies in India in the
context of the COVID-19 pandemic based on the stakeholder theory perspective. The findings of
the study can be evaluated by stakeholders to reflect on business' role in promoting social welfare
during a crisis period. Academicians, practitioners, and policy makers can evaluate the CSR
practices undertaken during the COVID-19 pandemic to give recommendations on what kind of
CSR initiatives are desirable in such-pandemic like crisis times.
